NOT LISTED FOR SALE

2799 Hamburg Rd Mars Hill, NC 28754

Estimated Value: $429,000 - $1,431,685

358 Acres
$2,877 Price per Acre
15,594,480 Sq Ft Lot

Last Sold February 02, 2023

Last sale price $1,000,000

Est. 3% increase in value since last sale

Current estimated payment $5,955/month

422 Days on Market

Highlights

  • Waterfall on Lot
  • Hilly Lot
  • Pasture
  • Madison Middle School Rated A-
  • Wooded Lot
  • Spring water is a source of water for the property

About This Lot

As of February 2023

358 acres with mature trees, long range views, multiple springs, strong creek, pasture, and 1200ft of elevation gain to nearly 4000ft. Only 6.8 miles to I-26, and 30 minutes to Asheville or Burnsville, this large tract of land sits at the Southeast corner of Madison County bordering Yancey County. An adjacent 127 acres is for sale (MLS 3689224), and together these properties would amount to 485 acres. There are only a handful of opportunities for large acreage like this on the market anywhere in Western North Carolina. A private estate could be built just above the old home site and offer long range Southwestern views and unparalleled privacy. Large flat and rolling areas could be returned to pasture for an equestrian property or cattle operation. Improve old logging roads for trails or vehicle access to create an AirBnB destination with multiple cabins. Abundant deer, bear, and turkey, provide many opportunities for wildlife management or conservation, too.

Last Listed By

Jesse Ratliff

Looking Glass Realty AVL LLC License #315570 Listed on: 12/07/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,934

Year Built

  • 1972

Lot Details

  • Paved or Partially Paved Lot
  • Steep Slope
  • Hilly Lot
  • Wooded Lot
  • Possible uses of the property include Cattle, Farm, Fishery, Gardening, Horses, Log, Multi-Family, Orchard, Pasture/Grazing, Private Estate, Subdevelopment, Tree Farm/Timber
  • Zoning described as R-A

Outdoor Features

  • Access to stream, creek or river
  • Waterfall on Lot

Farming

  • Pasture

Utilities

  • Spring water is a source of water for the property
  • Well Required
  • Septic Needed

Listing and Financial Details

  • Assessor Parcel Number 9787452980

Property Details

Property Type

Land

Est. Annual Taxes

$2,934

Year Built

1972

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Sub Type: Lots/Acres/Farms
  • Habitable Residence Yn: No
  • Ratio Current Price By Acre: 2793.30
  • Restrictions: No Representation
  • Road Frontage Type: County Road, Paved Road
  • Structure Type: Acreage
  • ResoPropertyType: Land
  • Special Features: VirtualTour
  • Year Built (Public Record): 1972

Interior Features

  • Fixture Exception Yn: 0
  • Possible Use: Cattle, Farm, Fishery, Gardening, Horses, Log, Multi-Family, Orchard, Pasture/Grazing, Private Estate, Subdevelopment, Tree Farm/Timber

Exterior Features

  • Tax Location: Madison
  • Wooded Acres: 338.00
  • Waterfront Features: None
  • Waterfront Elevation: 2500

Utilities

  • Sewer: Septic Needed, None
  • Utilities: Electricity Available
  • Water Source: Spring, Well Needed

Schools

  • Middle Or Junior School: Unspecified
  • HOA Subject To: None

Lot Info

  • Lot Features: Waterfall, Creek Front, Orchard(s), Hilly, Long Range View, Mountain View, Waterfall, Pasture, Paved, Rolling Slope, Sloped, Steep Slope, Creek/Stream, Wooded, Views, Winter View, Wooded, Year Round View
  • Lot Size Area: 358
  • Lot Size Units: Acres
  • Parcel Number: 9787452980
  • Out Buildings Yn: 1
  • Cleared Acres: 20.00
  • Zoning Description: R-A
  • ResoLotSizeUnits: Acres

Tax Info

  • RATIO List Price By Tax Amount: 38.63312

Multi Family

  • Unit Count: 0

MLS Schools

  • Elementary School: Unspecified
  • High School: Unspecified

Range of Values:

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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/02/2023 02/02/23 Sold $1,000,000 -24.5% --
05/03/2022 05/03/22 Price Changed $1,325,000 0.0% --
05/03/2022 05/03/22 For Sale $1,325,000 +32.5% --
05/01/2022 05/01/22 Off Market $1,000,000 -- --
12/07/2021 12/07/21 For Sale $1,300,000 -- --
Source: Canopy MLS (Canopy Realtor® Association)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $2,934 $1,413,152 $1,368,651 $44,501
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Canopy MLS (Canopy Realtor® Association)

MLS Number: 3811002

Canopy MLS (Canopy Realtor® Association)

APN: 9787-45-2980